2013 Regular Session

Entitled:

Income Tax Credit - Unemployed Veterans - Start-Up Business

Sponsored by:

Status:

In the House - Hearing 3/12 at 1:00 p.m.

Allowing a qualified unemployed veteran a credit of up to $2,000 against the State income tax for expenses associated with starting a business during the taxable year; requiring the business to meet specified qualifications; requiring the Comptroller to adopt regulations and provide an annual report; defining "qualified veteran" and "qualified expenses"; applying the Act to taxable years beginning after December 31, 2013; etc.